Schweitzer Mountain Ski Resort Anxiously Awaiting

Posting a picture earlier of the beautiful views, from Schweitzer Mountain, of Lake Pend Oreille I got to thinking of a past video. Going back and reviewing I was amazed at how remarkably close to weather conditions and time the video was to the conditions today. Enjoy this short video of Schweitzer Mountain Ski Resort, at Sandpoint Idaho, waiting the snow and winter festivities.

Schweitzer Ski Resort Between Seasons

Many look at this period between seasons, at Schweitzer Mountain Resort, as a down time. No reason to visit. I believe quite the opposite. Bike riders can still enjoy the ride from ‘the Barn’ to the Lodge. And when arriving at the Lodge whether by bike or vehicle one can enjoy coffee mocha’s and more at the Mojo Cafe. All is quiet in the village giving time for peaceful reflection and anticipation of the coming snow.

Enjoy a quiet morning at Schweitzer Mountain Ski Resort before the winter activities start. You will probably be surprised how much you will enjoy it especially with views as pictured above.

Sagle Idaho Home Sales September 2016

Sagle Idaho is located across the Long Bridge directly south of Sandpoint Idaho. 2014 population showing 5,339. With a land mass of 119 sq. miles there are approximately 45 people per square mile compared to the nations 88. Sagle Idaho while less than 5 miles from Sandpoint, to the north, and less than 40 miles from Coeur D’ Alene, to the south, has its own micro climate through out the varied geography. Normally a bit cooler and more moisture, as seen with more snowfall.

Hunting, hiking, boating, camping, bike paths, all nearby to level, mountainous, lake front and river front properties. With as much variety offered in homes as the land itself offers ‘what is my Sagle Idaho home worth’ is best answered with a personal home value report. This market report serves to show general trends. All information searched as single family homes in Selkirk Multiple Listing Service and deemed reliable but not guaranteed. Figures do not include ‘For Sale by Owner’ or Sagle Home Sales specific to Coeur D’Alene MLS.

Sagle Idaho Home Sales September transactions and comparabe months:

September 2015 – 9, August 2016 – 12, September 2016 – 11

Sagle Idaho Home Sales Median sold price:

September 2015 – $195,000, August 2016 – $318,500, September $207,000

Sagle Idaho Home Sales median Days on Market:

September 2015 – 101, August 2016 – 115, September 2016 – 99

While one month does not set a trend, with the drastic drop in the median price from August 2016, watching Sagle Idaho Sales in October increases in importance. Thinking possibly August was an anomaly I double checked Median prices for June & July as well. The average Median price with those two months is $318,450. So September is showing a minimum drop in median price from June July and August of 32%, while an increase over last year of 6%. A must watch.

The importance of this also is that price changes will show themselves on the outskirts and work in, with drops in prices. Sandpoint Idaho Market report(outside city limits) (inside city limits) showed continued growth in September. I will be very interested in Sandpoint In Town and Out of town ‘Solds’ for October. The current ‘pendings’ median price is $349,000 and active median is $464,000. This leads me to believe September 2016 indeed was an anomaly.

With 11 September 2016 Sagel single family homes sold and the 126 active single family homes there is almost a one year inventory.

What is my Sandpoint Idaho 83864 Home Worth?

September 2016 Market Report – In town Sales

Sandpoint Idaho 83864 sits on the northern most shores of Pend Oreille Lake (pronounced – Ponderay). The Long Bridge entering Sandpoint from Sagle Idaho is considered the official line of where Lake Pend Oreille turns to Pend Oreille River. 2016 Consensus estimates Sandpoint City population at approximately 7,700 of the total 83864 population of 18,450. With the diversity of homes in 83864 I give Sandpoint Market Reports, researched from Selkirk MLS, based on two very basic divisions. In town Sales and Out of town Sales.

What do the above figures tell us? Prices dropped 8.5% compared to September 2015. While holding steady, and actually having climbed from August 2016, it will be advantageous to keep close eye on Median prices over the next few months. This drop is specific to ‘In Town Sales’ of 83864 in that ‘Outside City Limit’ Sales substantially increased over last year (Click Here for details) With Home transactions actually having increased substantially, both August and September of 2016, over September 2015 I believe the 2015 figures to be a bit skewed from the general graph line. DOM has climbed from last year yet still remaining within reasonable time line for a sale.

All indicators still show the market as a sellers market. Although these broad figures are excellent for spotting trends, to best find “What your Sandpoint Idaho In Town Home is worth” you should have a Home Value Report completed specific to your home. Contact me now for your FREE No Obligation Home Value Report.

With September 1, 2016 Sandpoint Single Family In Town homes for sale at 57 there is currently just under a three month inventory available. Take into consideration as well a possible slow down, of sales, for the coming winter months.

Three bedroom homes were most popular with 8 sold. Two bedroom homes were at 4, and four bedroom homes at 3, with 2 sales of 1 bedroom homes or less. While not so much variety in acreage as out of town sales, home sq. ft. held their own with variety. High at 3,262 sq. ft. and low at 368 sq. ft.

What is my Sandpoint Idaho 83864 Home worth?

The diversity of geography in Sandpoint Idaho and zip code 83864 is immense. Lakes, rivers, ski resort, farms, ranches and all between. The total area of 83864 being approximately 400 sq. miles with a population density of 45 psm. Sandpoint City is within the 83864 zip code and a population of 7,500 of the 18,000 stated for 83864. To best look at home sales in Sandpoint Idaho 83864 I have broke 83864 into two different basic sections. In Town and Outside City Limits. This report for Outside City Limits Single Family Homes as reported by Selkirk Multiple Listing Service.

Total Sandpoint Single Family Home Sales – Outside City Limits:

August 2016 – 13, September 2016 – 18, September 2015 – 17

Median Sandpoint Single Family Home Sale Price $ – Outside City Limits:

The current marketshows itself to still be a sellers market. While transactions have remained somewhat level from 1 year ago Median* prices have increased 13% from 1 year prior. With the increase in prices has come longer DOM, however not so much as to bring any red flags yet. DOM is something to be very much aware of at the present time.

With the current average (Aug & Sept) of home transactions at 15.5 month, and the beginning of month inventory showing 144 single homes for sale, we currently have just over a 9 month supply. We also need be aware of the possibility of a winter season slow down, although that is showing itself to be true less and less of a factor, with each year that passes over the past few years.

With the above figures a general trend can be seen as watched over time. The best answer to “what is my Sandpoint Idaho 83864 Home Worth?” will come with a “Home Value Report” completed to your specific home. Contact me now for your FREE NO OBLIGATION Home Value Report.

Three bedroom homes remain the most popular single family homes at 58 sold and 4 bedroom being number 2 at 38. 1,2 and 5,6 bedroom homes both taper sharply from those 3 and 4 bedroom sales. Sandpoint Idaho ‘Out of Town’ home sales of under 5 acres and over 5 acres are very close at 73 and 69 respectively.